# UMCU (Tradr 2X Long UMC Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: UMCU returned +32.8% where its own daily promise gave +35.1%, 2.3 points short.

## Key facts

- UMCU, what UMC did: +17.2%, as of Sep 11, 2026.
- UMCU, what +2 times a day gives: +35.1%, as of Sep 11, 2026.
- UMCU, what the fund returned: +32.8%, as of Sep 11, 2026.
- UMCU, the fund itself cost: −2.3 pts, as of Sep 11, 2026.
- UMCU, expense ratio: 1.49% (485BPOS XBRL, Jul 31, 2026).
- UMCU, underlying: UMC, as of Sep 11, 2026.

## UMCU over each window to Sep 11, 2026

| Window | Fund | UMC | +2x the move | Difference | UMC moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +32.8% | +17.2% | +34.5% | −1.7 pts | 44% |
| Since launch | +38.1% | +19.5% | +39.1% | −1.0 pts | 44% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UMC, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.9 times, against +2 stated | ETFIQ |
| Underlying | UMC | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 1.49% | 485BPOS XBRL, Jul 31, 2026 |
| Launched | Aug 11, 2026 | ETFIQ |
| Underlying volatility over the window | 44% annualized | ETFIQ |

## Questions

### Did UMCU return +2 times UMC?

Over the window to Sep 11, 2026, UMC moved +17.2% and UMCU returned +32.8%. 2 times that move is +34.5%, so the fund came out 1.7 points short of it.

### Why does UMCU not return +2 times over a year?

Because it resets daily. UMCU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x UMC ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, UMCU, data as of Sep 11, 2026. https://etfiq.com/funds/UMCU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/UMCU  ·  JSON: https://etfiq.com/funds/UMCU.json